Business

Sandpiper Requisitions Special Meeting of First Capital REIT Unitholders, Nominates Four Highly Qualified Nominees to the Board and Highlights Strategy to Maximize Unitholder Value

Sandpiper Requisitions Special Meeting of First Capital REIT Unitholders, Nominates Four Highly Q...

articleFirst Capital Real Estate Investment TrustDecember 12, 20225/company/first-capital-real-estate-investment-trust-1/news/sandpiper-requisitions-special-meeting-of-first-capital-reit-unitholders-nominates-four-highly-qualified-nominees-to-the-board-and-highlights-strategy-to-maximize-unitholder-value
Sandpiper Requisitions Special Meeting of First Capital REIT Unitholders, Nominates Four Highly Qualified Nominees to the Board and Highlights Strategy to Maximize Unitholder Value

About this update from First Capital Real Estate Investment Trust

[{"type":"text","content":"\n \n \n \n Sandpiper Requisitions Special Meeting of First Capital REIT Unitholders, Nominates Four Highly Qualified Nominees to the Board and Highlights Strategy to Maximize Unitholder Value\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen5{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt\n}\n.prngen4{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbsbls{\nBORDER-LEFT:black 0.5pt solid\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prncbts{\nBORDER-TOP:black 0.5pt solid\n}\n.prnbbbs{\nBORDER-BOTTOM:black 0.5pt solid\n}\n.prnvam{\nVERTICAL-ALIGN: MIDDLE\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnbrbrs{\nBORDER-RIGHT:black 0.5pt solid\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Requisitions special meeting and nominates four highly qualified nominees to\n \n bring a true owner's mindset to the Board\n \n of First Capital REIT\n \n \n \n \n Publishes detailed analysis on the REIT and emphasizes that the Board and management should be\n \n Putting Owners' Capital First,\n \n available at the following website:\n \n www.puttingownerscapitalfirst.com\n \n \n \n \n \n Highlights that the incumbent Board and management have a long record of underperformance and\n \n immediate change is required at the REIT\n \n \n \n \n \n Outlines\n \n Sandpiper's 5P Plan\n \n which will ensure that FCR is preserving the best assets and characteristics of its irreplaceable portfolio, aligning management incentives with the leading interests of unitholder...

More updates from First Capital Real Estate Investment Trust